CFPB Orders Cash App Operator To Pay $175 Million And Fix Its 'Failures On Fraud' 01/16/2025 12:05 pm WASHINGTON--The CFPB Thursday ordered Block, the operator of the peer-to-peer payments app Cash App, to refund and pay other redress to consumers up to $120 million and pay a penalty of $55 million into the CFPB’s victims relief fund.
Veterans Member Business Loan Act Introduced In Senate 01/17/2025 11:05 am WASHINGTON— The Veterans Member Business Loan (VMBL) Act was introduced in the Senate (S 110) and House (HR 507) Thursday. The legislation would remove arbitrary lending caps currently hindering credit unions from fully supporting service members and veterans in their business ventures, the Defense Credit Union Council said.
NCUA Board Meeting Coverage: Harper Looks Back On His Four Years As Chairman 01/16/2025 11:01 pm ALEXANDRIA, Va.—In his final board meeting as NCUA chairman, Todd Harper looked back on his four years leading the agency, sharing some emotional remarks.
